(Ecopark) An Introduction for Investors

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Abundant Opportunity in a Growing Northern Vietnam Community

description

Ecopark is a new urban development in Northern Vietnam.

Transcript of (Ecopark) An Introduction for Investors

Page 1: (Ecopark) An Introduction for Investors

Abundant Opportunityin a Growing

Northern VietnamCommunity

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Table of Contents

Cultivating a New Way of Life

04. Our Vision

05. Our Core Values

06. Our Mission

07. The Largest Urban Township in Northern Vietnam

Planted for Success

11. The Fastest Growing Economy in the World

12. Set in an Ideal Location

14. Abundant Cultural & Natural Resources

15. Protecting & Preserving Our Environment

16. A Comprehensive & Flexible Master Plan

17. Design Principles of Ecopark

18. Building a Wide Variety of Complete and Livable Communities

19. Generating Unique Opportunities for Commerce

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Growing Our Communities

22. Development Milestones

24. Phase 1 of Ecopark

25. Phase 1 Growth

Partnering to Preserve Our Future

28. Special Incentives, Licensing Requirements

29. Procedure for Foreign Investors in Ecopark

30. About the Developer

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The Highest Quality Business Setting in Northern Vietnam

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Cultivating a NewWay of Life

An Ecological Beginning

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Our Vision

The vision of Ecopark, simply put, is to become a world-class

self-sustaining township containing communities that provide

a higher quality of life to the people of Vietnam.

These communities will be well-rounded and complete, with

full commercial, recreational, cultural, and educational

amenities—places that bring value and happiness to the lives

of residents and the surrounding region.

Ecopark will provide an ideal platform for thousands of

modern enterprises to grow up to 30,000 highly educated

and productive workers.

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Live Life to the Fullest

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Our Core Values

Culture

We are proud of our heritage.

Preservation of tradition will help

us to maintain a sense of the past

as we progress into the future.

People

Our people are our priority.

sustainable community, with

its own commerce base, will

afford new opportunities to

citizens and allow them to

achieve balance in their lives.

Nature

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By creating harmony

between the built and

natural environments, we

enhance the health and well

being of our residents.

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Our Mission

Provide a variety of housing types to accommodate families with different needs.

Promote harmony between humanity and nature with an emphasis on sustainable technology and

an intention to create an interesting and comprehensive green environment.

Encourage rapid economic growth by creating a modern hub for commerce and tourism with

advanced infrastructure, a highly competent workforce and an expansive consumer base.

Preserve and celebrate the ancient history, culture and traditions of the surrounding area, integrating

these elements into the design of Hanoi’s newest neighborhood.

Partner with world class institutions that share our vision to provide a full complement of services

and amenities to our communities.

To create maximum value in our city with a strategy to:

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The Largest Urban Townshipin Northern Vietnam

Hectares

Residents

Jobs Created

Projected Visitors Per Year

sqm Total Residential GFA

sqm Total Commercial GFA

sqm Parks, Plazas and Lakes

499.07

107,194

30,000

1,825,000

1,689,352

1,111,928

1,090,967

Providing an extensive consumer base & workforce

for successful businesses07

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Planted for SuccessThe Strengths of the Development

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With a globally superior real GDP growth rate of 7% through 2025, as

projected by PricewaterhouseCoopers, Vietnam has become one of the

world’s most attractive investment environments.

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The Fastest Growing Economy in the World

as projected by PricewaterhouseCoopers, Vietnam has become one of the world’s most attractive investment environments.

Hanoi is at the top of the list.

Home to 22 of the nation’s top 50 universities, specializing in the fields of technology, science, fine arts and medicine, Hanoi is the

largest center for higher education in Vietnam, where over 1.6 million students are educated by a faculty of 60,000. In addition,

workforce as industrialization and modernization in the region creates increasingly sophisticated jobs.

Ecopark, positioned directly in the path of this growth, engages the best of international urban planning to build upon these

principles and create a sustainable community model that will both educate and employ experts in higher-technology industries.

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Radius = 10km

Rad

ius =

5km

HANOI CITY

CENTER

ECOPARK

GIA LAM

WEST LAKE

Bac Giang

Pho Hien

Lang Son

Chuong DuongBridge

Long BienBridge

Vinh TuyBridge

Bridge

Road 179Ring Road 3

Highway 5

Highway 5BBat Trang

Village

Interp

rovincial H

wy

Radius = 15km

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Set in an Ideal Location

Hung Yen ProvinceSince its establishment in 1997, the Hung Yen Province has

experienced substantial growth. Due to its location near to

the capital city of Hanoi, excellent connectivity by road, rail,

and waterway, and government initiatives to develop

modern infrastructure and industrial zones, the province has

successfully attracted over 400 industrial projects, with more

than 50 of them foreign-invested. In addition, it has quickly

become the 2nd most densely populated province in

Vietnam. Ecopark, in the heart of this rapidly developing

region, will provide an accessible and attractive solution for

suburban expansion.

km (20 minutes) from the center of Hanoi

km from Noi Bai International Airport

km to Hai Phong (by rail and road), the largest

port in Northern Vietnam

km from the site of the future

International Airport

nveloped by a network of roads (Hanoi-Hung Yen

Interprovincial Highway, Highway 5, Highway 5B,

Ring Road 3)

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79

30

E

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Abundant Cultural & Natural Resources

Adjacent to the Red River and intersected by the gently flowing

Bac Hung Hai, Ecopark is blessed with beautiful natural vistas of

the surrounding countryside and quaint historic villages nearby,

celebrating a culture that is 4,000 years old and enticing thousands

of tourists each week.

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Protecting & PreservingOur Environment

communities that care for our environment. Energy efficiency is maximized

in the design, orientation and fit-out of our buildings. Surface water

treatment occurs naturally with the aid of wetland areas. Enhanced

pedestrian connectivity will encourage reduced carbon emissions. Within

Ecopark, over 120 hectares of green and blue space will be preserved in the

most magnificently and densely landscaped communities in Vietnam.

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A Comprehensive & FlexibleMaster Plan

As our communities grow, so will their needs. Comprehensive planning ensures

convenient access to quality services, while incorporating features that will stimulate

commerce and tourism. Flexibility accommodates change as these needs evolve in

the future, enabling us to create maximum tangible and intangible value in Ecopark.

High-rise Residential

Mid-rise Residential

Low-rise Residential

Commercial

Clubhouse

Retail

Mixed-use

Entertainment

“New Quarter”

Creative Industry

Education

Medical

Green & Open Space

Water Supply

Water Treatment

Drainage

Transportation

Administration

Public Works

Sports

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Design Principles of Ecopark

Sensitivity towards our environment

Compatibility for an integrated land use

approach to maximize value

Variety to provide a wide range of choice in

terms of plot size, configuration and building

typology

Flexibility to meet the development

requirements of the future

Creativity in a multiplicity of green open

space and unique urban forms

Accessibility to a comprehensive network for

a variety of transportation modes with a focus

on pedestrian connectivity

Differentiation in a world-class city, with

unique communities and iconic elements

Beauty in the built and natural environments

“Simplicity and naturalness are the truest marks of distinction.”

W. Somerset Maugham15

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Ecopark’s Story

with an annual population growth estimated at 3.5%,

inadequate existing infrastructure, pollution, and an

undersupply of housing are contributing factors that have

created a need for expansion and a demand for new

master-planned urban areas.

Ecopark, as the largest urban township in northern

Vietnam, is positioned to not only satisfy the housing,

infrastructure, and environmental demands of the region,

but also to develop a community with a unique identity to

provide an unprecedented quality of life to its residents.

Imagine having the opportunity, for the first time, to

escape from the endless confines of steel and concrete and

the chaotic streets of Hanoi and wake up each morning in a

verdant park, with clean streets and fresh air, without

sacrificing the proximity to the city center, convenience of

modern services and amenities, or the familiarity of cultural

traditions.

With nearly 500 hectares,

Ecopark is an entirely self-sustaining city: a place for over

100,000 residents to work, play and raise their families. It

provides an ideal mix of residential areas to accommodate

families with different needs and preferences, from quiet

gated communities, to towering high-rise condominiums

with panoramic views of the countryside. All of these

communities will be seamlessly integrated with scenic open

space and connected by a network of aesthetically pleasing

parks and pedestrian thoroughfares so that residents and

visitors may safely and comfortably move about their city.

of Ecopark enables it to

simultaneously develop into a hub for both tourism and

commerce. A multitude of destinations in the surrounding

region provide the critical mass to support a boom in

cultural and eco-tourism in and around the city. Advanced

industry in the evolving commercial district will generate

thousands of high-value jobs and create an anchor for the

community in the heart of the rapidly developing Hung Yen

flexible master plan will enable the city to develop to

consistently and effectively meet the demands of the future.

100-meter wide interprovincial highway, will funnel all of this

activity directly through the heart of Ecopark, truly

positioning the city as

a multi-functional gateway.

Within the communities, residents will benefit from quality

education for all ages, state-of-the-art medical facilities,

planning will not only add significant value to their homes,

but will also enhance their well-being. With this population

comprising a productive workforce and a strong

consumer base, investors will find ample opportunity to

add value to their businesses.

Ecopark is committed to providing the highest level of public

service to its residents at affordable costs to ensure an

community will boast over 110 hectares of “green and blue”

space, accounting for more than 22% of the total land area

and providing a peaceful, natural environment for families to

enjoy. Future residents can already feel the difference, relating

the ecological experience of Ecopark to being “immersed in

nature.” But with environmental sustainability at the core of

development, Ecopark will also be a leader in eco-friendly

initiatives, not just a city with safe neighborhoods, clean

streets and lush landscaping. Seemingly a world away from

Hanoi, yet only a 20 minute drive by car on the

interprovincial highway.

Most importantly, Ecopark is culturally relevant, which is

critical in a country steeped in rich tradition. While

incorporating innovation that will expedite modern

development in this region, it will also purposefully maintain

a distinctly Vietnamese identity, with the integration of

typical Vietnamese, Buddhist and Feng Shui design features

in the urban layout and architecture.

Ecopark is different. It serves many purposes and satisfies a

variety of needs. In Ecopark we are not just building homes;

we are constructing a new standard of living. And we are

helping our residents to achieve balance in their lives. As we

develop this city together, our firm commitment is to provide

residents with a healthier, safer, better way of living, without

making any sacrifices.

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Building a WideVariety of Complete& Livable Communities

A healthy and balanced lifestyle breeds productivity. We provide

a broad selection of different ambiances for our residents, from

cosmopolitan living in towering high-rise condos to the luxury of

waterfront villas with civic, cultural, and commercial amenities

integrated into the communities. Tranquil green spaces provide

relaxation and pedestrian mobility.

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Generating UniqueOpportunitiesfor Commerce

Central Business and Waterfront District

well-integrated green open spaces and a dynamic pedestrian

mall centered around a civic lake. Located 1 km from British

University Vietnam, this district will provide a perfect

platform for the development of a modern hub for

business—highlighted by an integrated research-oriented

medical community.

Ecopark’s “New Quarter”

Traditional architectural design meets modern commerce.

commercial center for enterprises of the 21st Century.

Creative Industry District

An inspiring forum for a burgeoning creative media and fine

arts community, energized by a surge of enthusiastic and

imaginative talent.

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GrowingOur Communities

The First Chapter of a Long-term Vision

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Development Milestones January 16th 2009

e master plan for Ecopark is approved by the Hung Yen

People’s Committee

February 1st 2009

First trees are planted in Ecopark

July 23rd 2009

Ground breaking for the interprovincial highway

August 1st 2009

Phase 1 construction begins

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July 2012

First residents move in

May 2012

First commercial activity

opens in Ecopark

October 15th 2011

First high-rise tower is topped out

March 16th 2011

Ground breaking for the Bac Hung Hai Bridge

October 8th 2011

First homes are handed over

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Hectares

Residents

Trees Planted

Registered Visitors in 2011

Apartments

Villas

Shophouses

sqm Total Residential GFA

sqm Total Commercial GFA

54

10,000

70,000

35,000

1,525

352

130

572,800

194,800

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Phase 1 of Ecopark

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Blossoming communities with a home for everyone

A community of modern and

affordable high-rise condominiums

with convenient retail, educational

and recreational facilities integrated

into the area and breathtaking views

of the surrounding countryside.

Phase 1 Growth

Peaceful gated communities offering a

comfortable and natural living environment

with extensive and well-maintained greenery

on each property. A variety of exclusive

services and amenities are provided to

residents in the heart of each neighborhood.

A unique mixed-use shophouse development

that allows residents to operate or lease a

business in the first floor of their home. With

gorgeous landscaping throughout a mix of

both public and private space, this area

functions both as a bustling commercial area

and an oasis of ecological living.

Condominiums Shophouses Villas

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Partnering toPreserve Our Future

Useful Information for Investors

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Special Incentives

Land-use Tax IncentiveAs of 23 March, 2012

Income TaxRate

Income Tax IncentiveAs of 23 March, 2012

Exemption

Exemption

Exemption

50% reduction from the date of transferof ownership

Exemption

Exemption

4 year exemption, followed by 5 year 50% reduction

4 year exemption, followed by 5 year 50% reduction

4 year exemption, followed by 5 year 50% reduction

2 year exemption, followed by 5 year 50% reduction

4 year exemption, followed by 5 year 50% reduction

4 year exemption, followed by 5 year 50% reduction

10%

10%

10%

25%

10%

10%

Education

Public Service Facilities

Athletic Industry & Facilities

Retail Center / Supermarket

Medical Facility & Support Services

“New Quarter” Enterprise

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VIHAJICO has acquired all necessary licensing for the development of Ecopark.

1-500 Master Plan Approval

Business License

Land Use Rights

Licensing Requirements

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We are with you every step of the way to secure your investment

Procedure forForeign Investors in Ecopark

Land Lease Partnership

Establish terms ofland lease agreement*

Establish joint venture entity **

Transfer ownership of land

Apply/obtain approval for project

Apply/obtain industry-specific business license ***

Ground breaking

Open business

(Approval from the Dept. of Construction in < 30 daysRequires Design & Master Plan compatibility)

* Land lease of maximum 50 years.

** If a partnership is formed without creation of a new entity, land ownership need not be transferred.

*** VIHAJICO can assist in acquiring licenses. Some industries may not require additional licensing.

(Approval from the Hung Yen

People’s Committee in < 50 days)

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Viet Hung Urban Development and Investment JSC (VIHAJICO) was founded on

August 19, 2003 by a collaborative group with a comprehensive portfolio of expertise.

Inspired by a strong vision for a new, state-of-the-art master-planned community,

we conceived Ecopark, the largest urban township in northern Vietnam.

About the Developer

Our Current PartnersFounding Members

Mr. Luong Xuan HaDuy Nghia Co., Ltd

Phung Tien Trading Co., Ltd

Mr. Nguyen Quoc KhanhAA Construction Architecture JSC

Bao Tin Trading Co., Ltd

Mr. Nguyen Cong Hong

ATA Architects Co., Ltd

Chairman and Visionary of EcoparkHospitality

Deputy General Director and Co-founderRetail

General Director and Co-founderConstructionSustainable DevelopmentConsultancy

Vice Chairman and Co-founderInterior Design

Vice Chairman and Co-founderRetail

Deputy General Director and Co-founder

Co-founderArchitecture

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Ecopark International Investment

[email protected]

T: (+84 4) 3874 6317–ext. 131

www.ecopark.com.vn

Ecopark Urban Township

Xuan Quan, Van Giang,

Hung Yen Province, Vietnam

T: (+84 4) 3874 6315/17

F: (+84 4) 3874 6316

Live life to the fullest

For Further Inquiry